Stock Traders Buy High Volume of Call Options on Rezolve AI (NASDAQ:RZLV)

Rezolve AI PLC (NASDAQ:RZLV) was the recipient of unusually large options trading activity on Tuesday. Stock investors acquired 49,347 call options on the company. This represents an increase of approximately 106% compared to the average daily volume of 23,979 call options.

Rezolve AI Price Performance

Rezolve AI stock opened at $3.10 on Thursday. Rezolve AI has a one year low of $1.07 and a one year high of $8.45. The business has a fifty day moving average of $3.07 and a two-hundred day moving average of $3.86.

Institutional Trading of Rezolve AI

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC purchased a new position in Rezolve AI in the second quarter valued at about $57,000. Hartford Financial Management Inc. acquired a new stake in shares of Rezolve AI in the 2nd quarter worth approximately $31,000. ProShare Advisors LLC purchased a new position in Rezolve AI in the 2nd quarter valued at approximately $57,000. Geode Capital Management LLC raised its holdings in Rezolve AI by 1,100.7% during the second quarter. Geode Capital Management LLC now owns 1,235,467 shares of the company’s stock worth $3,799,000 after purchasing an additional 1,132,569 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey purchased a new stake in Rezolve AI during the second quarter worth $62,000. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on RZLV shares. Alliance Global Partners reissued a “buy” rating on shares of Rezolve AI in a report on Wednesday, January 14th. Weiss Ratings restated a “sell (e+)” rating on shares of Rezolve AI in a research note on Thursday, January 22nd. Roth Mkm increased their price target on Rezolve AI from $9.00 to $12.50 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Wall Street Zen cut shares of Rezolve AI from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. Finally, Industrial Alliance Securities set a $14.00 target price on shares of Rezolve AI in a research note on Wednesday, January 14th. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Rezolve AI currently has a consensus rating of “Moderate Buy” and an average price target of $11.00.

Rezolve AI Company Profile

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.